Business

CBO Releases its 12th Financial Stability Report

The Central Bank of Oman (CBO) has released its 12th Financial Stability Report (FSR) for 2024, emphasizing the resilience of the Omani financial system amid heightened global geopolitical tensions and persistently elevated interest rates.

Despite th…

Business

Oman Oil Price Rises 46 Cents

Oman oil price (October delivery 2024) reached 75.01 US Dollars, comprising a rise by 46 cents compared to the price of yesterday Monday which stood at 74.55 US Dollars.

The average price of Oman oil (August delivery 2024) has stabilized at 82.50 US …